Hansapank                     NEWS RELEASE                09/02/2004 12:45



PLANNED BOND ISSUE



Hansabank mandated Barclays Plc and Deutsche Bank AG to manage the

sale of a new eurobond issue for the bank. Hansabank will use the

proceeds from the issue for financing its general operations and

refinancing some short-term debt.



Hansabank will publish the conditions (size, price, maturity) of the

bond after concluding the transaction in the beginning of October.





Mart Tõevere

Head of Communications and IR

+372 6131 569